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Monday, Sep 26, 2022
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Venture Capitalists Power Up PowerGenix

San Diego-based PowerGenix Corp. announced Dec. 1 the close of its third round of financing, totaling $17 million.

Led by the Angeleno Group, the financing round included investment from Advent International, Braemar Energy Ventures, Granite Ventures and Technology Partners.

Founded in 2000, the company develops rechargeable high-discharge nickel-zinc batteries and is pursuing applications to replace standard nickel-cadmium and nickel-metal hydride batteries in the multi-billion-dollar rechargeable battery market.

, Andy Killion

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